After grappling with significant losses, transportation technology services company EROAD (ASX: ERD) appears to be bouncing back. It has revealed its FY24 results, ending March 2024, as it enters FY25 with high hopes. EROAD achieved a notable improvement in free cash flow, turning positive at $1.3 million, a significant rebound from the negative $29.9 million
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In this economy, saving a quick buck is a priority. That’s also the reason behind K-mart profits booming to over $600 million in the first half of FY24. Australians are casting around for low-priced goods that provide good value. Why, then, did the discount retail chain The Reject Shop (ASX: TRS) have a sobering experience?
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University students in South America may soon have greater access to high quality tertiary education with artificial intelligence company UNITH (ASX: UNT) confirming it is in discussions with a University to deploy Digital Professors that will be powered by conversational AI. The University, which was not named due to the sensitivity of commercial discussions, cited
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Global travel company Webjet (ASX: WEB) is exploring a demerger with two of its companies expected to be listed on the ASX. The merger would separate its two travel divisions: WebBeds, the global bed banks business, and Webjet B2C, which includes Webjet OTA, GoSee, and Trip Ninja. If pursued and completed, the demerger will create
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FinTech company Plenti (ASX: PLT) ended FY24, ending March 2024, with improved operating efficiency. In the final quarter, offshore operational support was eliminated and these functions were replaced with advanced technology. Moreover, this improved Plenti’s proprietary technology platform and facilitated a new integration with National Australia Bank (NAB) systems to support the “NAB powered by
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Growing awareness of less carbon emission and favorable government regulations are the factors driving the market growth in the forecast period According to TechSci Research report, “India Renewable Energy Market– By Region, Competition, Forecast & Opportunities, 2029F”, India Renewable Energy Market is predicted to increase during the projection period with growing awareness of renewable energy
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Sharemarket darling Nvidia (NASDAQ: NVDA) is projected to report some strong numbers this week, with the Company forecasted to deliver $5.52 per share compared to $4.55 in the previous quarter. However, with CEO Jensen Huang’s plans to offer the best AI chips in the game, established chipmakers like AMD and Intel as well as those
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In Australia, heart failure affects over half a million individuals, making up over 150,000 hospitalisations per year, over 60,000 deaths, and a cost of over $3 billion. Globally, heart failure affects more than 60 million people and is the world’s leading cause of hospitalisation in people over 65 years. It makes up 17% of all
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In 2022, telecom giant Telstra (ASX: TLS) launched its T25 growth strategy focusing on improving customer experience and becoming more digital-first. In line with that, the Company is set to let go of up to 2,800 of its direct workforce, with the majority to be eliminated by the end of CY24. Telstra will also update
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If they weren’t already one of the most confusing companies to be listed on the ASX, retailer Story-I (ASX: SRY) is likely to undergo wholesale changes following their exit from Indonesia where their primary business operates as a technology products reseller, leaving behind more than $3.5 million in unpaid liabilities. The departure comes following the
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